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Possibly this week has been one of the weeks lately in which more people have asked me about BITCOIN and crypto in general.
I hadn't noticed it until this morning though.
Today I took my son to play his weekly city league soccer game. We got up early as the game started at 8:00 AM.
While looking for the match with other parents, I don't know how, the conversation has drifted towards BITCOIN, possibly due to its latest rise, which has perhaps been "unexpected" for so many crytosceptics yet.
In the end I have been involved in a discussion about inflation, interest rates and the corruption of the FIAT economic system... as always, there are concepts that people think they understand but are not aware of the impact they produce...
Of course, some are able to demonize BITCOIN due to what they believe to have a "risky volatility"... but they don't realize that 7% inflation, not compensated in their salaries, is the poison that will end up killing them. slowly but surely...
Not to mention those who believe that having an unlimited supply of bills has nothing to do with this... nor with the ever-increasing differences between rich and poor.
Argentina 45% inflation...
can you believe it? This is a good example to use when arguing about inflation and volatility...
How do you tell an Argentine not to think about investing in BTC because is very volatile (LoL)?
It's an extreme example, I know, but it's also possible that Argentina is one of the South American countries most similar to Europeans in terms of culture and education, so why shouldn't the same thing happen to us?
However, in these discussions and debates, there is always someone who ends up thinking better of it and, somehow, understanding and wanting to understand the problem in deep...eventually, they educate themselves by searching about.
This is what happened this morning, people wanting to understand why BITCOIN and some other crypto are "Better money" than traditional money...
I have had similar debates this week, with more or less success on my side... but, regardless of the result, what is really interesting is that the crypto world is getting more and more into popular technological wisdom and knowledge... I would say not only that, also, this between Tradidional System and Crypto is teaching economic essentials to people who, at the end, will understand why BITCOIN can be a "Better Money" than FIAT...at least, in my/our opinion.
@toofasteddie
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